The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

$1,300,000 To Be Distributed With No Strings Attached As Major US City Embraces Guaranteed Income Pilot

by Daily Hodl Staff
February 16, 2024
in Futuremash

The 10th largest city in the US is preparing to hand out a total of $1.3 million to people who are strapped for cash.

A guaranteed income program in Austin, Texas has been expanded and will soon help 135 households, reports the NBC-affiliated news station KXAN-TV.

[adinserter block="1"]

Details on how the money allocated to the “Family Stabilization Grant Program” will be handed out are still in the works.

The initial 2022-2023 pilot distributed $1,000 to low income households per month with no strings attached and according to Urban Institute, participants said they largely used the money on housing.

“At 12 months, respondents reported spending most of their pilot cash on housing and said their housing security improved substantially.

Employment remained relatively stable throughout the pilot. Of the 9 percent of participants who reported reducing their working hours, half stated that they used the time to “skill up” for future work and half took on caretaking responsibilities.

Food security improved steadily over the course of the pilot, but some mental health measures reverted to enrollment levels. On one metric (constant worry), participants reported worse outcomes at the end of the 12-month period.”

Austin isn’t the only major metropolitan area in Texas that’s testing guaranteed income outcomes.

In Harris County, Texas, a total of 1,928 households will receive $500 per month for one and a half years in a separate basic income trial.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • ChangeNOW Wins Best Digital Assets Fintech at the BeInCrypto Institutional 100 Awards 2026
    June 4, 2026
  • Premu Opens User-Created, Leveraged Prediction Markets Ahead of the 2026 World Cup
    June 4, 2026
  • Whale.io Launches Whale Printer – WHALE Token Staking
    June 3, 2026
  • Blockmaze Defines the Future of RWA Tokenization With Compliance-First Infrastructure for a $500 Trillion On-Chain World
    June 3, 2026
  • POV Order Now Live on Bybit Futures, Enabling Precision Execution for Large Trades
    June 2, 2026
  • Swapzone Adds Real-Time KYC and Execution Data to Pre-Swap Interface
    June 1, 2026
  • Beldex Launches BNS Marketplace, Expanding Digital Ownership Across the Ecosystem
    May 30, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • Bank Insider Steals $257,594 From Customers, Claims She ‘Borrowed Money’ She Knew Wouldn’t Be Needed at the Time: Report
    June 1, 2026
  • DeFi Platform Radiant Capital Shutting Down Following $50,000,000 Hack
    June 2, 2026
  • Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares
    June 1, 2026
  • Michael Saylor’s Firm Strategy Announces First Bitcoin BTC Sale Since 2022
    June 3, 2026
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl